Holding assets in your personal name creates significant financial risk because ownership directly correlates with liability, meaning your assets become vulnerable to lawsuits, tax audits, and security breaches; protecting wealth requires using legal structures like LLCs to separate personal identity from asset ownership.
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Imagine building life-changing wealth and leaving it vulnerable 😳Added:
Listen, if you're planning on making real money in crypto, you better not have it in your name.
There's big, big reasons why. Number one is ownership equals liability.
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